Minnesota Start-Up Enters Device Market

A business article in the Minneapolis Star Tribune reported on a new device company that is contracting with third-party manufacturers to provide low-cost systems for hip and knee replacements. The start-up was founded in response to the changes in health care – specifically the Comprehensive Care for Joint Replacement model from CMS. The article cites an analysis by Citigroup Global Markets that looks “at how the bundled payment model is going to upset the status quo on price models among hospitals and device makers.” Full story.